Provision

Property, the possession whereof has been transferred by theft, or by extortion, or by robbery, and property which has been criminally misappropriated or in respect of which criminal breach of trust has been committed, is designated as "stolen property",[whether the transfer has been made, or the misappropriation or breach of trust has been committed, within or without [India]]. But, if such property subsequently comes into the possession of a person legally entitled to the possession thereof, it then ceases to be stolen property.


Simply Put

This section defines stolen property. It says that property the possession whereof has been transferred either by theft, or by extortion, or by robbery, and property which has either been criminally misappropriated or in respect of which criminal breach of trust has been committed, is designated as ‘stolen property’; and it is immaterial as to whether the transfer has been made, or the misappropriation or breach of trust has been committed within or without India. But the property ceases to be stolen property if such property subsequently comes into the possession of a person who is legally entitled to the possession of the same.



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